Coinbase to Suspend 12 Crypto Trading Pairs on Nov. 25

The 12 Coinbase trading pairs facing suspension

Five pairs are priced in bitcoin: ALGO-BTC, CRV-BTC, ETC-BTC, ICP-BTC and XLM-BTC. Two are priced in Tether’s USDT: APE-USDT and ATOM-USDT.

The pound sterling pairs are 1INCH-GBP, CHZ-GBP and SNX-GBP. APE-EUR is the only euro pair on the list, and ADA-ETH is the only ether pair. The 12 books cover 11 distinct assets because ApeCoin appears twice.

In ADA-ETH, the amount paid or received for Cardano is denominated in ether. The ADA-USD book uses dollars, so an outstanding ADA-ETH order specifies a different price and currency from one on the dollar book.

Cardano

ADA

One month, Oct. 13 to Nov. 13, 2026

$0.1684

-28.6%

Oct 13 - Nov 13 | High $0.2357 • Low $0.1684

Sampled daily UTC closes for ADA-USD on Coinbase, via ChartExchange.

Coinbase moved the books to limit-only trading

The exchange notice named 11 pairs as already restricted to limit orders on Coinbase Exchange and Coinbase Advanced. Coinbase Exchange’s public market data showed all 12, including SNX-GBP, in limit-only mode when checked Nov. 14.

Traders can still submit or cancel limit orders, and those orders can still fill if matched. The books have stopped accepting market orders, which tell the exchange to trade immediately at the best available price.

The countdown to Nov. 25 therefore gives customers extra time to trade at a specified price or review outstanding orders. Coinbase’s Advanced dashboard guide shows where to check open orders and see current bids and offers for each market.

Coinbase stopped trading Balancer and Tensor on Nov. 9 after reviewing those tokens against its listing standards. This time, the notice names specific markets for supported assets and explicitly preserves USD trading in eligible regions.

USD markets remain open for eligible Coinbase users

Coinbase’s market data showed that all 11 assets had active USD books at the time of the check, including ADA-USD, XLM-USD and APE-USD. Availability depends on where the customer lives. Coinbase says its Advanced Trade market selector shows which crypto and fiat pairs a customer can access.

A trader who previously bought ADA directly with ether could need two trades to do that through dollar markets, selling ether for dollars and then buying ADA. Each trade may carry a fee. Coinbase’s Advanced fee schedule says the cost depends on the market, account tier and whether the order takes liquidity or provides it.

The change also removes direct sterling quotes for the three GBP books on the list. A customer starting with pounds would need access to a dollar market and a way to fund the purchase before placing the same trade through USD.

The decision follows a decline in activity on the exchange. Coinbase’s third-quarter earnings deck showed $134.5 billion in crypto spot trading volume, down from $146.4 billion in the second quarter and $294.3 billion a year earlier. The company reported $590.2 million in quarterly transaction revenue, which also includes revenue from other types of trades.

The announcement came amid a broader pullback in crypto liquidity. The Crypto Fear & Greed Index slid to 13 on Saturday from 20 a day earlier, staying in Extreme Fear.

Coinbase has given an approximate cutoff. Its notice did not say when any orders still open on the affected books would be canceled or how many customers use those markets.